Marketers Adopting Big Data to Get Better Market Insights

Marketers Adopting BIG DATA To Get Better Market Insights Marketing involves ideas, innovation, creativity and connecting with customers..Hang on!! It accumulates data related to everything ! Big Data gives you the facts, figures, analytics, etc. that help you determine the prevailing trends ! SMS Many of you think Big Data is only for IT. SMS Hang on!! IT accumulates data related to EVERYTHING ! Here are a few Big Data MYTHS that every marketer lives with #1 #2 It is only for IT ! It will wither with time. only a hype! #3 A It's just a huge data silo. # 4 too difficult to use! #5 Data can be controlled ! Big Data is an answer to all questions! The real truth behind these myths. 45% of data is used for marketing purposes If your marketing strategy is data-driven, you are more likely to tap the right target audience with right solutions More than 73%' marketing firms will get Big Data analytics installed and implemented 42% marketers Only 50% marketers can are not able to control their leverage the ample data in order to gain maximum benefits data. Remaining data just can't be controlled. How can you break these myths and Get Going with the DATA??? Data Needs Defined Chalk Out the Plan Evaluate the Impact Identify your Use the data Evaluate the needs and exactly define what type of data you need to serve analytics to formulate your marketing strategies and plans; impact of your strategies that will help you determine loopholes in your marketing efforts! your business challenges! and maximize results! SMS ConsolePark Source: Teradata.com/DataDrivenMarketing